Proceedings |
From inside the book
Results 1-3 of 35
Page 191
... participants until " payout of such prospect . " Prior to such payout , agent , however , holds an overriding royalty of 5 percent of the net working in- terest of all participants , convertible , at agent's election within a designated ...
... participants until " payout of such prospect . " Prior to such payout , agent , however , holds an overriding royalty of 5 percent of the net working in- terest of all participants , convertible , at agent's election within a designated ...
Page 192
... Participants There exists some exposure to the participant for lia- bility on account of acts or omissions of the agent . While the participant whose rights are limited to ap- provals , audits , and inspections may be regarded as other ...
... Participants There exists some exposure to the participant for lia- bility on account of acts or omissions of the agent . While the participant whose rights are limited to ap- provals , audits , and inspections may be regarded as other ...
Page 300
... participants in the Fund having an interest in oil and gas properties in the Fund of a value of $ 850,000 . This is a tax - free exchange under Section 351 inasmuch as the transferor - participants are in control of the SW Oil Company ...
... participants in the Fund having an interest in oil and gas properties in the Fund of a value of $ 850,000 . This is a tax - free exchange under Section 351 inasmuch as the transferor - participants are in control of the SW Oil Company ...
Contents
Practices and Procedures Before Oil and Gas Regula | 1 |
Governmental Regulation of Operations on Submerged | 31 |
The Production of Gas From Joint Interest Properties | 47 |
Copyright | |
15 other sections not shown
Other editions - View all
Common terms and phrases
5th Cir affiliate agreement allocation apply assignment Atlantic Refining Co basis capital carried interest carrying party Comm'r Commission Commissioner contract Corp corporation court held deduction deed drilling and development Drilling Funds effect expenses farmout filed foreign tax credit Gas Inst gas lease gas properties gross income hearing helium intangible drilling investment Investors joint operating agreement jurisdiction land landowners lessee lessor liability limited partners limited partnership Louisiana Magnolia Petroleum Co Matthew Bender ment natural gas offering Oil & Gas oil and gas Oil Company operating ordinary income outer continental shelf overriding royalty participants payout percent percentage depletion Petroleum Phillips Petroleum Co pipeline pooling problem production payment profits registration Regulations reserves result Revenue Ruling royalty royalty owners rules Section Service share statute tax preference taxpayer Texas tion tract transaction U.S. tax Uniform Partnership Act United